National Republican., 1887-11-22
DULL AND LOWER.
Not Great Deal Of Activity Displayed
In the stock Market.

New YoRK, Nov. 1.-THE stock market
was comparatively dull and lower to-day,
but the result Of the days trading Il Of
little importance. The temper u the
room was bulllsh this morning, but The gen.
eral tendency was 10 await further rcac-
ton, and the bears improved the opportu-
nifty to make a demonstration against
prices.
There was little doing eNoep, for the &C.
count Of the professional element, and the
bears are estimated TO have put out AZ high
as $1,000 shares Of short stock. The mar
ket, however, showed a strong undertone,
many favorable factors being At work TO
check the decline. Among these were the
advance In soft coal rates In the vest and
J the declaration Of the dividend on Bnrllng.
ton with Its handsome surplus. Very II tie
long stock came upon the market, and the
bulls believe that the reaction will bring
fresh outside buying Into the market some
comment was called forth by the bidding
up OF money 10 D per cent. In the afternoon,
II being regarded as an attemtt TO deprcss
prices by manipulation OF the money mar
ketlagRin. But In the face OF the govern.
ments offer to advance all money needed
on government bonds stringency In money
is almost impossible. ALI the leading shares
were lower, while the low-priced securities
were firm, especially the bituminous coal
roads.
The opening was fairly steady and on a
moderate business prices advanced In the
early trading. The movement was soon
checked, however, and the market, becom-
ing dull, eagged Oft slowly and before noon
the gains had been entirely wiped out with
fractions In addition. Extreme dullness
marked the dealings in the afternoon aud
slight advances were male from the lowest
figures. 1n-the last hour the decline was re.
sumcd, ard the close was quiet, but heavy,
at or near the lowest prices Of the day.
Money on call has been dull, ranging
from 4 to 9, last loan at 4, and clos.
ing offered at 4. Sterling exchange
is dull at unchanged quotations. Actual
business at 4s2 to 1891 for 60.day bills and
4S6a to 1860 for demand. Posted rates 4S2
to 1861. Government bonds dull and steady
State bonds dull and rather heavy.
Treasury baiances-Coin, Si5l 900, GA;
currency, $i0,6l3,65G.
The following were the closing bid quo
tations:
n;.,, ;as, coup; i9c2s; * 1887; Pac. es PISS, i2I, z
Ia, Cons. %. Mo. Is Of 81, iol1s; N. W 9. Con- i
g. 100; 20; 3D. Is Is, ss' do; do, IS; .o5a IA;
Rio Grande flrsts, IS; NJ. X, and T., gen 6s, Si5S
do. 5s, 76l4: Northern Pac. tlrs,s, 1l6la; do.
seconds. 9S15 Northwestern cons, 1885, do.
debenture, 106; st. L and San Fran, 1l31I: st.
Paul con-, 1875; st. P c., and Pac frsts, 1l9;
Southern Pac. Col. firsts i09l1: T. p. RIG & g.,
s.; Northern Pacific LIST, 1l41d; West Shore,
l0nla; Adams Express. 40: Alton and T. Ii.
35; do. -pfd., 75: Am. Express, 107; Bos. Air
Line pfd., 9s; B. q. and r. N, 80; Canada
Southern, 5s;. Canton. $780, Cen. Pac., 3iIS;
Ches. and Ohio, 8; Chicago and Alton, 1855;
do pidY, 155; Y; 3: and g, lsi]4; Cieve-
aud; lOi}S; Del; & Lack, 1919; Den. { R, q,
Kansas & Texas, 2O4; L. E. 4 W., 16A;
Hake Man Shore, s5iE; Lvl, and Nash, 6ias;
| M. d L., 'l471S: Mich. Gen., S9l5; Mo. Pac.,
9l9s;. Mob and o. l2; Mar. and f., 1877;
| n: Chat, 7S1I;. N. j. Gen., rs; Norfolk and
Western pfd., 42I2; Northern Pac, 225S; do pfd =,
461s; Northwestern, 1ll3l; do. pid., lil15; N.
Y, Cen, los; Chicago and ST. L., 49, do.
pfd., 70; Ohio and Miss, 2l9S; do. pfd., S5:
Oregon Nav.,, 6o14. Pas. Mail, 37h; Pitts,
burg, 151; Reading, 7o3a: Rich. and Aile.,. Q,
Rich. and w. +. Ter, 259s Rock island, 1l4;
ST. Louis and San. Fran, 36M do. pfd.,
73ls; do. first pfd., 1l3; st. Paul, II; do pid,
llS19; st. P. and O., 40I4; do. ptd., 1919: Tenn.
Q. and L., 302s; Texas Pac., 272s; Union Pac.,
53H; U. s. X, G5; Wab. Pac., 1877 do. pfd, 3l5ss;
Wells Fargo. 1913: West Union. SOl5; Silver
Certificates, 96h Cotton Oil Trust 81 =; Quick
silver, 61s; do. 'pfd.. 25.
Grain and Provisions.